
Ripple and SBI Holdings formalize partnership to introduce RLUSD, a compliant stablecoin, to the Japanese market, targeting increased blockchain adoption and regulatory transparency in digital payments.
Ripple and SBI Holdings have officially announced a partnership to distribute RLUSD in Japan. The stablecoin will be rolled out through SBI VC Trade, leveraging Japan’s new regulatory framework for foreign stablecoins. RLUSD is designed for transparency and compliance, fully backed by reserves like U.S. dollars and Treasuries, with monthly attestations to ensure trust for institutional users.